313 E Prairie StJerseyvilleIL62052
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Jerseyville at 313 E Prairie St, Jerseyville, IL, 62052 at $110,000 posts ROI 23.87% with $120/mo cash flow from $883/mo rent. Total monthly income equals $883/mo, and annual cash flow records $1,445/yr on $36,465 to close. Return on cash invested measures 23.87% and rental yield reads 9.63% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 125.15% and total cumulative return in cash totals $45,636.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $883/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62052, Jerseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,592 (100%) |
| Owner Occupied HU | 3,763 (67.3%) |
| Renter Occupied HU | 1,346 (24.1%) |
| Vacant Housing Units | 483 ( 8.6%) |
| Median Home Value | $183,858 |
| Average Home Value | $229,316 |
Housing Distribution
Address Breakdown
Residential
5,385
Single Family
5,192
Multi-Family
193
Businesses
420
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Listed by: Nancee Gotway • Tarrant And Harman Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #25036241
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